CATL forecasts half of China's heavy truck sales could be electric by 2028, up from 10% in 2024.

Chinese battery giant CATL predicts that by 2028, half of China's heavy truck sales could be electric vehicles, up from 10% in 2024. This shift could significantly reduce fuel demand. CATL, aiming to be a leader in green energy, recently launched a major battery manufacturing base in Shandong and is developing mobile charging robots for EVs. The company is also planning a Hong Kong listing to raise funds for expansion.